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20120723
20120723
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and the economy pushed down stocks more this week. with us today larry from barclays. ryan jacobson from wells fargo advantage funds. bob, what do you think? where do we go from here? what are we to make of today's big drop at the open? then this -- bit after comeback. >> well, what you saw today was classic tug of war between the macro economic issues of europe and in contrast with the solid fundamentals we saw on the corporate side last week. early in the day macro economic issues were ruling but we saw some resilience later in the day reflecting the solid valuations at earnings for the most part we have been seeing. >> were you a buyer or seller today? >> well, when the s&p 500 is around 1350 that's actually my target for the end of the year. i don't necessarily view this as a buying or selling opportunity. i think that it is an opportunity for people to just reallocate amongst the various sectors and in this environment i actually really like energy stocks especially those big integrated oil companies that have a lot of cash. i think investors should rationally be looking at that as an opp
Search Results 0 to 0 of about 1